Tag: Lakewood life insurance

3 Life Insurance Questions to Answer Before Shopping

I talked with a young couple yesterday. They are in their 30s, have two kids, and are looking for life insurance on both spouses. They had reviewed their finances with their financial planner who’d recommended they purchase a life insurance for both them to augment their financial plan.

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3 Dubious Life Insurance Selling Strategies

I believe it’s important to talk with every client we serve about life insurance. This discussion is not designed to sell something to them, though many begin to put up an emotional wall when I raise the subject. My motivation is simply to confirm they have something in place. If at all possible, I want to avoid telling a surviving spouse I never talked about it with their wife, husband, or partner after a funeral.

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The Nationwide Insurance Super Bowl Ad

Sheri and I met up at a friend’s home in Carrollton Sunday night to watch the Super Bowl. It was an enjoyable time with good food, great conversation, and one of the best games I’ve seen in a long time. Throw in the commercials for some laughter and it was a great time with everyone staying until the clock ran out.

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Financial Challenges When a Spouse Dies

Are you financially prepared if your husband or wife dies? Based on the results of a study commissioned by New York Life, the answer is a resounding No! 68% of women survivors and nearly half of male survivors reported significant life changes following the loss of their spouse with financial concerns topping the list.

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2 Succession Planning Options & How to Fund Them

You’ve worked long hours to fulfill a dream and build your company from a surviving business to a thriving, successful business. Have you given any thought to succession planning; who will succeed you, and how it will be funded? Or maybe you’re a partner in a company and you want to protect the business you’ve helped build, but what if something happens to your partner?

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Life insurance and kids

Sheri and I have a blended family. Between the two of us, we have 7 kids and 5 grandkids, the latest arrived Wednesday night at 7:30. She’s beautiful just in case you were wondering! Her arrival reminded me of a question I’m occasionally asked by people who are evaluating life insurance after the birth of a child, and that is, should they get a life policy for their new bundle of joy?

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5 Topics to Cover with Aging Parents

I am a baby boomer. Both my parents are alive and in relatively good health, however, they aren’t getting any younger. I’ve attempted to discuss several of these topics with my dad over the past several years. He politely assures me he has it handled and that’s the extent of the conversation, however, I don’t know what that means nor do I have any knowledge of what he or my mother truly want.

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Life Insurance Considerations in a Changing Economy

Last week, the Bureau of Labor Statistics released the results of their annual study on families and how they’re doing economically. It wasn’t great news! Average household income for 2012 to 2013 is down by $103 to $65,069 before taxes, but their expenses increased by $777 a year to $51,408. Contributing the most to the increase in expenses were transportation costs ($8,999 a year on average) and kids.

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The Most and Least Stolen Vehicles

Every 43 seconds a vehicle is stolen in the US. That works out to about 3,000 vehicles a day or almost a million every year. Many of the cars stolen are older car models made in 1990’s through early 2000’s. That’s changing as crooks become smarter and use technology enabling them to defeat electronic locks and anti-theft measures. Some of the technologies even allow them to start your car without a key by using an electronic device that interacts with your car’s computer and start it tapping a screen.

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What Does a Funeral Cost?

What does it truly cost to bury or cremate a Loved One? On November 9, 2012, Money Magazine published on-line the first in a three part series dealing with end of life issues. Part 1, The High Cost of Saying Goodbye, provided an excellent overview of pricing, sales tactics, and even deceptive practices that some disreputable companies and directors have used. The articles also presented a number of steps people can take to protect themselves financially at one of the most difficult times a surviving spouse or family will ever face.

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